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  • JK Tyre to spend Rs 200 crore to enhance production Jun 14, 2021 06:12 PM IST

    JK Tyre to spend Rs 200 crore to enhance production

    The company is focusing on prudent capital allocation and tight management of its working capital to ensure accelerated de-leveraging going forward, JK Tyre said in a statement.

  • We are expecting strong demand in the second quarter due to pent-up demand, says Sanjeev Aggarwal, CFO, JK Tyre May 26, 2021 08:57 AM IST

    We are expecting strong demand in the second quarter due to pent-up demand, says Sanjeev Aggarwal, CFO, JK Tyre

    The disruption caused by the second wave of Covid-19 creating uncertainty over demand has forced JK Tyre to sweat its asset for the next 12-18 months before it weighs options for setting up a new factory

  • JK Tyre share price rises 3% on robust Q4 results; board recommends dividend May 20, 2021 11:48 AM IST

    JK Tyre share price rises 3% on robust Q4 results; board recommends dividend

    The tyre maker reported quarterly net profit at Rs. 137.18 crore in March 2021 up 1787.33 percent from Rs. 8.13 crore in March 2020. Its net sales came in at Rs 2,022.82 crore in March 2021 up 49.68 percent from Rs. 1,351.42 crore in March 2020.

  • Auto companies roll back salary cuts, reward employees with pay hikes Jan 28, 2021 09:47 AM IST

    Auto companies roll back salary cuts, reward employees with pay hikes

    The sharp rebound in sales from July saw companies untie their purse strings to reward employees. While some stuck to their annual increment cycle with a Covid-induced delay of about a quarter, others have already started with a second round of pay hikes, effective from the upcoming financial year. Here’s what Hyundai, Bajaj Auto, JK Tyre and Ceat are doing

  • JK Tyre share price spikes 12%, hits 52-week high after Q3 profit surges to Rs 230 crore Jan 22, 2021 09:56 AM IST

    JK Tyre share price spikes 12%, hits 52-week high after Q3 profit surges to Rs 230 crore

    The tyre manufacturer reported a multi-fold jump in consolidated net profit at Rs 230.46 crore in the third quarter ended December 31, 2020, riding on robust sales and favourable foreign exchange fluctuations.

  • Blaming uncertain conditions, JK Tyre says it will not spend even a rupee on capex in FY21 Oct 22, 2020 10:14 AM IST

    Blaming uncertain conditions, JK Tyre says it will not spend even a rupee on capex in FY21

    JK Tyre is the latest company to defer capital expenditure. A dozen or so companies have already slashed their capex for the year, with Bharat Forge bringing it down to zero

  • JK Tyre crosses 2 crore units' production milestone of trucks, bus radial tyres May 26, 2020 12:41 PM IST

    JK Tyre crosses 2 crore units' production milestone of trucks, bus radial tyres

    Commenting on the feat, JK Tyre Chairman and Managing Director Raghupati Singhania said, “As a pioneer and market leader, we remain committed to driving innovation and bringing products for our fleet customers that are high on efficiency, safety and cost effectiveness”.

  • JK Tyre resumes partial operations at manufacturing plants across country May 08, 2020 12:48 PM IST

    JK Tyre resumes partial operations at manufacturing plants across country

    The company has restarted operations after adhering to the guidelines issued by the Ministry of Home Affairs, and receiving permissions by the respective state governments and local authorities, JK Tyre said in a statement.

  • JK Tyre plan to slash 50% of debt by 2023: CFO Sanjeev Aggarwal Jan 07, 2020 12:12 PM IST

    JK Tyre plan to slash 50% of debt by 2023: CFO Sanjeev Aggarwal

    The company is holding hopes on the potential increase in exports and replacement market to de-risk its business

  • Rising stars? 14 stocks reported over 100% surge in PAT Dec 13, 2019 10:08 AM IST

    Rising stars? 14 stocks reported over 100% surge in PAT

    Experts feel there are only a handful of companies that could be considered for investment for the year 2020

  • JK Tyre Q2 PAT may dip 87.1% YoY to Rs. 10.6 cr: Reliance Securities Oct 17, 2019 04:51 PM IST

    JK Tyre Q2 PAT may dip 87.1% YoY to Rs. 10.6 cr: Reliance Securities

    Net Sales are expected to increase by 2.2 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 2,549.6 crore, according to Reliance Securities.

  • JK Tyre promoters take control of pledged shares by repaying KKR's Rs 200 crore loan Sep 02, 2019 05:10 PM IST

    JK Tyre promoters take control of pledged shares by repaying KKR's Rs 200 crore loan

    The amount was borrowed for a period of 4 years with a lock in period of one year by pledging JK Tyre shares owned by the promoters. The loan amount was to be repaid by March 2023.

  • JK Tyre slips 3% after Q4 net profit dips 79% May 17, 2019 09:29 AM IST

    JK Tyre slips 3% after Q4 net profit dips 79%

    Consolidated revenue from operations for the quarter under review stood at Rs 2,705.89 crore as against Rs 2,283.97 crore in the same period of 2017-18.

  • JK Tyre Q1 PAT seen up 92.5% QoQ to Rs. 100.1 cr: ICICI Direct Jul 18, 2018 12:24 PM IST

    JK Tyre Q1 PAT seen up 92.5% QoQ to Rs. 100.1 cr: ICICI Direct

    Net Sales are expected to increase by 19.8 percent Y-o-Y (down 8.4 percent Q-o-Q) to Rs. 2,163.7 crore, according to ICICI Direct.

  • Nifty likely to remain weak with immediate support at 10,380; sell JK Tyre for short term May 24, 2018 09:13 AM IST

    Nifty likely to remain weak with immediate support at 10,380; sell JK Tyre for short term

    “Trend remains negative as long as it trades below 10,500.” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.

  • JK Tyre Q4 PAT may dip 80.5% YoY to Rs. 17.3 cr: KR Choksey Apr 20, 2018 04:17 PM IST

    JK Tyre Q4 PAT may dip 80.5% YoY to Rs. 17.3 cr: KR Choksey

    Net Sales are expected to increase by 16 percent Y-o-Y (up 16.4 percent Q-o-Q) to Rs. 2,471.2 crore, according to KR Choksey.

  • JK Tyre Q4 PAT may dip 41.4% YoY to Rs 52 cr: ICICI Direct Apr 11, 2018 07:14 PM IST

    JK Tyre Q4 PAT may dip 41.4% YoY to Rs 52 cr: ICICI Direct

    Net Sales are expected to increase by 9.7 percent Y-o-Y (up 11.2 percent Q-o-Q) to Rs. 2,361.9 crore, according to ICICI Direct.

  • Buy Cholamandalam Investment, Apollo Tyres: Amit Gupta Feb 14, 2018 10:28 AM IST

    Buy Cholamandalam Investment, Apollo Tyres: Amit Gupta

    Amit Gupta of ICICIdirect is of the view that one can buy Cholamandalam Investment and Apollo Tyres.

  • Buy United Spirits, Tata Global Beverage, CESC: Ashwani Gujral Feb 12, 2018 02:20 PM IST

    Buy United Spirits, Tata Global Beverage, CESC: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com suggests buying United Spirits, Tata Global Beverage and CESC.

  • Top buy & sell ideas by Mitessh Thakkar & Prakash Gaba post Budget 2018 Feb 02, 2018 08:22 AM IST

    Top buy & sell ideas by Mitessh Thakkar & Prakash Gaba post Budget 2018

    Prakash Gaba of prakashgaba.com recommends buying Bajaj Auto with target at Rs 3450 and stop loss at Rs 3380, JK Tyre with target at Rs 200 and stop loss at Rs 180 and a buy in Mahindra & Mahindra with target at Rs 820 and stop loss at Rs 780.

  • Buy TV Today, UltraTech Cement, Tata Steel: Ashwani Gujral Jan 17, 2018 12:04 PM IST

    Buy TV Today, UltraTech Cement, Tata Steel: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com recommends buying TV Today, UltraTech Cement and Tata Steel.

  • JK Tyre seeks anti-dumping duty on radial tyres from China Aug 09, 2017 07:12 PM IST

    JK Tyre seeks anti-dumping duty on radial tyres from China

    Almost 80 percent of the imports are at concessional duties thereby eroding a significant part of the market of the domestic tyre industry, Singhania said while addressing the company's shareholders at its AGM.

  • JK Tyre Q1 PAT may dip 58.2% YoY to Rs 87.2 cr: KR Choksey Jul 18, 2017 06:21 PM IST

    JK Tyre Q1 PAT may dip 58.2% YoY to Rs 87.2 cr: KR Choksey

    Net Sales are expected to decrease by 9.2 percent Q-o-Q (up 9.8 percent Y-o-Y) to Rs 1955.3 crore, according to KR Choksey. JK Tyre to report net profit at 87.2 crore down 58.2% year-on-year.

  • Book profits in tyre stocks: Neeraj Deewan Jun 13, 2017 04:06 PM IST

    Book profits in tyre stocks: Neeraj Deewan

    According to Neeraj Deewan of Quantum Securities, one may book profits in tyre stocks.

  • MRF, Ceat, JK Tyre, Apollo Tyres to get astrological support: Satish Gupta Jun 09, 2017 11:47 AM IST

    MRF, Ceat, JK Tyre, Apollo Tyres to get astrological support: Satish Gupta

    According to Satish Gupta of astrostocktips, tyre stocks like MRF, Ceat, JK Tyre, Apollo Tyres and Balkrishna Industries will get astrological support.

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